The Canadian manager Quadreal Property is finalising its entry into the Spanish market. The company has reached an agreement with the US fund Hines to invest in the residential rental business in Europe, according to Expansión.
Specifically, Quadreal plans to invest €1.25 billion in Europe, of which €250 million will be allocated to Spain’s two largest cities, Madrid and Barcelona.
Original Story: Expansión
Translation/Summary: Carmel Drake